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Just Listed

$199,999

502 Martin Luther King Jr DR, Bastrop, TX 78602

Building Blk

Bedrooms2
Bathrooms1
Sq Ft1,036
Acres0.54
Year Built1905

About This Property

Prime 0.50-acre infill site positioned along Martin Luther King Jr Dr with strong visibility and direct access to major transportation corridors. Located in a high-growth Bastrop submarket, this property presents a compelling value-add opportunity through rezoning and redevelopment. The site includes an older residential structure; however, the highest and best use is commercial or mixed-use development. Investment Highlights 0.50 Acres (21,780 SF) High-visibility location with strong traffic exposure Strategic positioning near major highway access Flat, usable lot with development potential Existing structure (tear-down or repurpose) Utilities available in the area Located in the path of growth in Bastrop

Property Details

Property TypeSingle Family
MLS #3456787
Days on Market1
Lot Size0.54 acres
Listed5/14/2026
Last Updated5/14/2026

Location

County
Bastrop
School District
Bastrop ISD
MLS Area
BA

Size

Lot Description
Corner Lot
$/Acre
$370,369

Improvements

Fence
None
Exterior Features
None
Heating
None
Cooling
None
Appliances
None
Flooring
Wood
Windows
Wood Frames
Construction Materials
Other
Foundation
Raised
Roof
Aluminum
Direction Faces
East
Pool Features
None
Patio / Porch
None
View
None
Community Features
None
Parking Features
None

Location

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Listing provided by Steve Koleno · Beycome Brokerage Realty LLC · (804) 656-5007

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$199,999